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Research
Mar 23, 2023Chain Research - How Can Blockchain Technology Be Applied to Chain of Custody?
The legal system was designed as a tool used to achieve justice and protect the rights of its citizens. But too often, this system is slow to adapt to the changing needs of society, leaving many without recourse and denied of their rights. The failure of the legal system to recognize and implement necessary reforms leaves an imperishable mark on the lives of individuals throughout the nation. While the criminal justice system serves an essential obligation for society as a whole, it's important to acknowledge its flaws. A recent study revealed that out of the 2.3 million people serving time in prison, 11,500 of those individuals are innocent of a crime they did not commit.
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Industry
Mar 16, 2023Restoring Confidence and Accountability in the Financial Industry with Blockchain
The recent collapse of Silicon Valley Bank (SVB) and Silvergate Bank has left many investors reeling in shock. These bank collapses have been the greatest insolvencies since the financial crisis of 2008, and many are feeling overwhelmed with the continuous cycle of trusting banks and third-party intermediaries. The collapse of these banks highlights the need for increased transparency and accountability in the financial sector. J.P Morgan projects that close to $2 trillion in government bailouts will be injected into the banking industry. And as inflation just started declining, many are concerned that printing and circulating trillions of dollars into the U.S economy will only add more fuel to the fire.
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Industry
Mar 8, 2023Ensuring Your Foods Integrity With Blockchain-Based Supply Chains
Despite living in a world where information is readily available at our fingertips, many people are still in the dark about the origins, agricultural practices, and ethical sourcing of the food and beverages they consume. Whether it's produce, dairy, meat, seafood, or water, consumers often lack complete transparency in the supply chain. Can we really be sure about what we're putting into our bodies? The food supply chain is a complex and obscure system, with numerous intermediaries and hidden variables attached. Can you be certain that your clementines were grown in Florida? Were your eggs really laid by free-range chickens, or were your beef patties genuinely made from grass-fed cows? Is our bottled water truly sourced from the cold springs of Maine? There is a reason why many health-conscious customers will pay premium prices at farmers markets, it’s because they value knowing the source of their food.
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Monthly Recap
Mar 1, 2023February Monthly Recap
NFTiff Holders Share a First Look at Their Tiffany & Co. Pendants on Twitter Chain Announces the Launch of Chain Prime
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Industry
Feb 23, 2023Chain Insights: How Zero-Knowledge Proofs Can Enhance Blockchain’s Privacy and Scalability
The rapid pace of digital advancements has had a profound impact on our lives, resulting in a seismic shift in the way we live, work, and communicate. As a result, there has been an unprecedented surge in the amount of personal data generated and stored online. One question that has been on everyone's mind for decades is “who has access to this vast trove of personal data and how is it being utilized?” The unfortunate reality is that personal data is frequently auctioned off to the highest bidder without the knowledge or consent of the data owners. This poses a significant challenge for individuals and organizations alike. The two weak links in the chain of trust online are the individuals who have access to sensitive user data, and the unsecured networks used to transfer it. These vulnerabilities create opportunities for malicious actors to access and compromise valuable information. As a result, there is a pressing need for a solution that can address these concerns.
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Press
Feb 17, 2023Chain Announces Acquisition of Licensed Crypto Company in Europe and Launch of Chain Prime
<[St. Kitts & Nevis] (February 17, 2023)> Chain, the leading provider of blockchain infrastructure and Web3 services, is pleased to announce the acquisition of a licensed European crypto provider, which has become a new entity, Chain Europe UAB. Following this new acquisition, Chain has launched Chain Prime, an automated over-the-counter (OTC) trading system designed to give clients access to deep liquidity through the Chain Engine. Chain Prime will be designed to aggregate centralized order books from top exchanges to provide users with the best execution rates. Unlike typical OTC providers, Chain Prime will not charge a large fee or high spread to execute high volume trades. Instead, its proprietary Chain Engine automates the entire process including settlement and delivery to verified accounts. Chain Prime will be available 24/7/365, and will not be accessible in all regions. Once Chain Prime is launched to the public, additional information and terms and conditions for service zones will be available.
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Industry
Feb 16, 2023Fractional NFTs: Driving Mainstream Adoption Through Accessible Ownership
Imagine stepping into a world-class art gallery, your eyes scanning the room in awe until they lock onto a breathtaking masterpiece that captures your imagination. In your mind's eye, you envision that artwork hanging in your living room, becoming the centerpiece of your home, but quickly realize that owning such a rare and valuable piece of art is a dream beyond your means. However, with the emergence of Fractional NFTs, that dream is no longer out of reach. With just a few clicks, you can now own a piece of that artwork, and it can be yours to display and admire at any time. Fractional NFTs allow art lovers to own a piece of a valuable artwork, breaking it down into fractional shares that can be bought and sold on supporting blockchain networks. This revolutionary concept has the potential to democratize the art world, enabling individuals who previously had limited access to high-end art to become part owners of rare and valuable pieces.
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Research
Feb 9, 2023Chain Research - What are Bitcoin Ordinals?
Bitcoin NFTs and the Ordinals Protocol have sparked a major debate on Crypto Twitter this past week. The launch of the Ordinals Protocol is highly contested between developers, Bitcoin maxis, and NFT-enthusiasts, with each party voicing their strong opinions. To deeper understand the source of this controversy, we must start from the very beginning.
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Chain News & Updates
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Chain App is a self-custody digital wallet application that does not have any control or access to user funds. All features of Chain are powered by open-source blockchain solutions and third party providers. Chain does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency or associated funds. You are responsible for evaluating your investments, for determining whether you will exchange blockchain assets based on your own, and for all your decisions as to whether to use or exchange blockchain assets. The value of the blockchain assets you exchange is subject to market and other investment risks. Chain users are solely responsible for storing and safeguarding their own security seed phrase. If the security seed phrase is lost or stolen, the user will not be able to retrieve their funds and they may be lost.